iShares 0-5 Year TIPS Bond ETF $STIP Shares Acquired by Freedom Investment Management Inc.

Freedom Investment Management Inc. lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 13.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,678 shares of the company’s stock after buying an additional 1,165 shares during the period. Freedom Investment Management Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,001,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in STIP. Capital Analysts LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 58.6% during the fourth quarter. Capital Analysts LLC now owns 1,315 shares of the company’s stock worth $132,000 after buying an additional 486 shares during the period. Coldstream Capital Management Inc. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 124.8% during the fourth quarter. Coldstream Capital Management Inc. now owns 4,440 shares of the company’s stock worth $447,000 after buying an additional 2,465 shares during the period. Marshall & Sterling Wealth Advisors Inc. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth approximately $158,000. The Manufacturers Life Insurance Company acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth approximately $2,213,000. Finally, Northern Trust Corp acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth approximately $451,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP opened at $103.49 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $100.13 and a 1-year high of $103.61. The business has a 50 day moving average price of $102.84 and a two-hundred day moving average price of $102.63.

About iShares 0-5 Year TIPS Bond ETF

The iShares 0-5 Year TIPS Bond ETF (STIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury Inflation-Protected Securities (TIPS) with a remaining maturity of less than 5 years. STIP was launched on Dec 1, 2010 and is managed by BlackRock.